odoo-accounting-setup

Odoo Accounting Setup

Overview

This skill guides functional consultants and business owners through setting up Odoo Accounting correctly from scratch. It covers chart of accounts configuration, journal setup, tax rules, fiscal positions, payment terms, and the bank statement reconciliation workflow.

When to Use This Skill

• Setting up a new Odoo instance for a company for the first time.
• Configuring multi-currency or multi-company accounting.
• Troubleshooting tax calculation or fiscal position mapping errors.
• Creating payment terms for installment billing (e.g., Net 30, 50% upfront).

How It Works

1. Activate: Mention @odoo-accounting-setup and describe your accounting scenario.
2. Configure: Receive step-by-step Odoo menu navigation with exact field values.
3. Validate: Get a checklist to verify your setup is complete and correct.

Examples

Example 1: Create a Payment Term (Net 30 with 2% Early Pay Discount)

Menu: Accounting → Configuration → Payment Terms → New

Name: Net 30 / 2% Early Pay Discount
Company: [Your Company]

Lines:
  Line 1:
    - Due Type: Percent
    - Value: 100%
    - Due: 30 days (full balance due in 30 days)

Early Payment Discount (Odoo 16+):
  Discount %: 2
  Discount Days: 10
  Balance Sheet Accounts:
    - Gain: 4900 Early Payment Discounts Granted
    - Loss: 5900 Early Payment Discounts Received
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